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Asean Stock Exchange Link to be set by second half of 2011

This linkage will not only provide ease of access, but will also increase market liquidity substantially both from trade outside Asean and intra-Asean.

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Bursa Malaysia, Singapore Stock Exchange (SGX) and the Stock Exchange of Thailand (SET) are set to go live on the Asean Exchange Linkage by the second half of 2011.

The proposed link-up between the stock exchanges in Singapore and Malaysia will be expanded to include Thailand and the Philippines. Singapore Exchange and Bursa Malaysia are in the process of developing a cross-trading arrangement that will link their trading systems.

The move is expected to speed up ASEAN integration by enhancing access and liquidity in capital markets across the region.

This linkage will not only provide ease of access, but will also increase market liquidity substantially both from trade outside Asean and intra-Asean.

In addition to the Asean Exchange Linkage, the exchanges will also promote leading public companies in Asean under the brand of “Asean Stars”. If you are among these companies, you will be constantly featured on the radar screens of global investors.

Asean Exchange Linkage by the second half of 2011.

To attract capital inflows, plans are already underway for a single electronic trading platform.

From the second half of next year, the stock exchanges of Malaysia, Thailand and Singapore will link up and go ‘live’.

The Philippines Stock Exchange is expected to follow in the first half of 2012, said Thailand Securities and Exchange Commission secretary-general Thirachai Phuvanatnaranubala said today.

The Asean Infrastructure Fund (AIF), which is aimed at supporting infrastructure projects in the region, could come on-stream within the first quarter of next year

To date, Asean has pledged US$335mil to the fund. The outcome of infrastructure financing support is important to Asean’s growth. A 1% increase in infrastructure spending in Asia can increase private consumption by 1% to 2% of GDP (gross domestic product), and will benefit the wider investment community as well as Asean nations and their people, he said.

The media will continue to beat up the European sovereign debt contagion crisis next week, as eager press hungry politician’s play along, and there is a good chance we will see yet another Anti-Europe blurb from Soros.

ASEAN Stocks are going to set new record highs before Christmas, Wall St has recovered from falls from the European news and we will see the start of the Christmas Rally in the coming days.

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Asean

Trade War Incentive Schemes flourishing in ASEAN

Countries such as Thailand, the Philippines, Malaysia, and Indonesia have unveiled an array of incentive packages to entice businesses affected by the US-China trade war.

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Governments across ASEAN have been unveiling an array of incentive packages to entice businesses affected by the US-China trade war.

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Employers should hire new workers based on their potential

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A Thailand representative office is essentially a branch of a foreign corporation

58 percent of employers have hired employees based on their potential, and 94 percent of them said their potential-based hires had become a valuable part of their teams. 

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Asean

ASEAN bucks record 155 billion USD FDI in 2018

The flow of foreign direct investment (FDI) into the 10 ASEAN countries has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018.

Olivier Languepin

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Last year inflows to the ten-member Association of South East Asian Nations (ASEAN) were up 11.5%, from US$147 billion in 2017 to $155 billion in 2018, according to new UNCTAD research.

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